For the enterprises in Accommodation Activities (division 55 of NACE Rev.2 classification), obliged to double-entry bookkeeping, for which data are available on a monthly basis, the turnover in July 2023 amounted to 1,646,266,807 euro, recording an increase of 6.3% in comparison with July 2022, when the respective turnover was 1,548,534,586 euro.
Piraeus Financial Holdings S.A., further to (a) the decision of the Annual General Meeting of its Shareholders dated 27.06.2023, pursuant to which, the establishment of a share buyback program in accordance with article 49 of Law 4548/2018 (the "Program" and the "Own Shares" respectively) was approved, (b) the relevant ECB authorization for the Program and (c) the relevant decision of its Board of Directors dated 21.09.2023, announces the commencement of the Program.
EPSILON NET Group announced the completion of the agreement with SPACE HELLAS Group under which the shares of SINGULARLOGIC S.A. and Epsilon SingularLogic S.A., respectively held by the two Groups as minority stake, were transferred.
Sales of previously owned homes fell 0.7% in August from July to a seasonally adjusted, annualized rate of 4.04 million units, according to the National Association of Realtors. Sales were down 15.3% from August of last year.
Low financing costs have been the lifeblood of global housing markets over the past decade, driving home prices to dizzying heights. However, the abrupt end of the low interest rate environment has shaken the house of cards.
The photovoltaic park of Mytileneos in New South Wales, Australia with a total capacity of 75MW is in operation.
Cenergy Holdings S.A. announced its financial results for the first half year of 2023 together with the issuance of an Interim Report for the same period. Growth across all segments, a strong full year financial outlook. Expansion strategy was recorded on track to serve growing demand from energy transition.
Optima bank is nearing completion of a public offering proceeds in the Athens Stock Exchange, following the approval of its Prospectus by the Capital Market Commission.
The Attica Region has completed the works of installing new modern lighting and beautification of the 7 Bridges located on the road network of the Region.
The Ministry of Transport has approved the minutes (15-09-2023) of the examination of the Files and accepted the Participation Certificates of the Bidders participating in the 2nd Phase of the International Tender - for the award of the Concession Agreement concerning "Study, Construction, Financing , Operation, Maintenance and Exploitation of the Northern Road Axis of Crete (B.O.A.K.) in the Chania-Heraklion section"
In July 2023, the current account surplus fell by €135.2 million year-on-year to stand at €827.5 million.
On July 31sr, the European Commission approved the European Sustainability Reporting Standards (ESRS), which aim to standardize how companies within the European Union report climate-related practices and actions and ESG criteria. The new standards are expected to enter into force on January 1, 2024.
The Overall Turnover Index in Industry (both Domestic and Non-Domestic Market) in July 2023 recorded a decrease of 10.2% compared with the corresponding index of July 2022.
Blackstone announced the integration of its market-leading corporate credit, asset-based finance, and insurance groups into a single new unit, Blackstone Credit & Insurance (BXCI). Credit and Insurance is Blackstone’s fastest-growing segment – more than doubling to $295 billion in assets under management over the last three years.
Maslow Capital has provided a €52.2m loan to support Starlight Investments in their build-to-rent (BTR) scheme on the Princes Dock, Liverpool.